Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 2 |
Abbott
ABT
|
+$259M |
| 3 |
AutoZone
AZO
|
+$204M |
| 4 |
AABA
Altaba Inc
AABA
|
+$186M |
| 5 |
D.R. Horton
DHI
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$215M |
| 2 |
Public Service Enterprise Group
PEG
|
+$211M |
| 3 |
Applied Materials
AMAT
|
+$203M |
| 4 |
Intuitive Surgical
ISRG
|
+$194M |
| 5 |
ConocoPhillips
COP
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.87% |
| 2 | Technology | 11.53% |
| 3 | Consumer Discretionary | 11.36% |
| 4 | Healthcare | 11.05% |
| 5 | Industrials | 10.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KNL
1576
DELISTED
Knoll, Inc.
KNL
| $6.78M | 0.01% |
294,317
+144,929
| +97% | +$3.02M |
|
|
BKCC
1577
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $6.77M | 0.01% |
1,086,117
+707,095
| +187% | +$4.87M |
|
1578
State Street Energy Select Sector SPDR ETF
XLE
$39B
| $6.75M | 0.01% |
186,876
-2,973,270
| -94% | -$102M |
|
1579
CALL
SLB Ltd
SLB
$72.7B
| $6.74M | 0.01% |
+100,000
| New | +$6.48M |
|
1580
Pediatrix Medical
MD
$2.2B
| $6.73M | 0.01% |
126,013
-272,652
| -68% | -$12.9M |
|
|
CVGW
1581
DELISTED
Calavo Growers
CVGW
| $6.73M | 0.01% |
79,776
-34,038
| -30% | -$2.51M |
|
1582
Liberty Latin America Class C
LILAK
$1.69B
| $6.73M | 0.01% |
395,317
+382,209
| +2,916% | +$7.19M |
|
|
FENG
1583
Phoenix New Media
FENG
$17.5M
| $6.72M | 0.01% |
+172,611
| New | +$6.43M |
|
1584
EXL Service
EXLS
$5.5B
| $6.71M | 0.01% |
555,605
+486,150
| +700% | +$5.94M |
|
1585
Synaptics
SYNA
$4.05B
| $6.66M | 0.01% |
166,784
-1,052,058
| -86% | -$40.3M |
|
1586
CALL
Regenxbio
RGNX
$616M
| $6.65M | 0.01% |
200,000
+170,900
| +587% | +$5.15M |
|
|
AMTD
1587
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $6.65M | 0.01% |
+130,000
| New | +$6.5M |
|
|
ZVO
1588
DELISTED
Zovio Inc. Common Stock
ZVO
| $6.63M | 0.01% |
799,409
+131,623
| +20% | +$1.22M |
|
|
NAVG
1589
DELISTED
Navigators Group Inc
NAVG
| $6.62M | 0.01% |
135,869
+90,405
| +199% | +$4.83M |
|
1590
PUT
UnitedHealth
UNH
$382B
| $6.61M | 0.01% |
+30,000
| New | +$6.36M |
|
1591
CALL
Kraft Heinz
KHC
$32.8B
| $6.61M | 0.01% |
85,000
-105,000
| -55% | -$8.25M |
|
|
BNCL
1592
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $6.61M | 0.01% |
401,620
-179,339
| -31% | -$2.98M |
|
1593
Vanguard Value ETF
VTV
$188B
| $6.59M | 0.01% |
62,011
+52,333
| +541% | +$5.4M |
|
1594
PUT
CNX Resources
CNX
$4.91B
| $6.58M | 0.01% |
+450,000
| New | +$6.22M |
|
1595
Colliers International
CIGI
$5.17B
| $6.58M | 0.01% |
108,953
+64,141
| +143% | +$3.7M |
|
|
MCRN
1596
DELISTED
Milacron Holdings Corp.
MCRN
| $6.57M | 0.01% |
343,315
-324,023
| -49% | -$5.79M |
|
|
NETI
1597
DELISTED
Eneti Inc.
NETI
| $6.57M | 0.01% |
95,496
+55,096
| +136% | +$3.84M |
|
|
USG
1598
DELISTED
Usg
USG
| $6.55M | 0.01% |
169,870
+155,143
| +1,053% | +$5.45M |
|
1599
HCI Group
HCI
$2.34B
| $6.54M | 0.01% |
218,861
+29,517
| +16% | +$983K |
|
|
FNGN
1600
DELISTED
Financial Engines, Inc.
FNGN
| $6.54M | 0.01% |
215,795
-92,282
| -30% | -$2.9M |
|
Similar funds
Millennium Management's Q4 2017 Portfolio in Review
As of Q4 2017, Millennium Management held 4,357 positions worth $72.5B, up 10% from $65.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management deployed $3.05B of net new capital in Q4 2017, opening 897 new positions and adding to 1,473 existing holdings. Its largest new stake was Viatris: 2,905,317 shares worth $123M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 13% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $215M trimmed.
- Millennium Management's largest Q4 2017 buy was Viatris: 2,905,317 shares worth $123M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $593M increase.
- Millennium Management's biggest Q4 2017 reduction was Honeywell, cutting an estimated $215M.
- Millennium Management fully exited Paychex in Q4 2017, selling an estimated $66.4M.
- Millennium Management's ten largest holdings make up 6.7% of its $72.5B portfolio in Q4 2017.
- Millennium Management opened 897 new positions and closed 601 in Q4 2017.
- Millennium Management's portfolio value rose 10% quarter-over-quarter to $72.5B.
Based on Millennium Management's 13F filing for Q4 2017, filed 14 Feb 2018.